Lockheed Martin (LMT) stock is up 4% today, trading at $511.46, following reports that the White House is pressing defense contractors to accelerate munitions production due to depleting inventories. - The company received a significant boost with a new seven-year contract worth up to $35 billion to quadruple production of THAAD missile interceptors, strengthening its backlog and revenue visibility. - This move reflects a broader rotation into defense stocks amid heightened geopolitical tensions and increased government focus on military readiness.